2492 Beam Ave ENorth Saint PaulMN55109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in North Saint Paul at 2492 Beam Ave E, North Saint Paul, MN, 55109 uses $132,567 cash to close to unlock $3,590/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,957/mo payment keeps the spread at $299/mo. Purchase price stands at $399,900, and rental yield measures 8.39% with $2,796/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash records $155,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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Listed by: Joshua Baker • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6815496